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Amey Utility Services rebranded | BUILDING MAGAZINE

Amey Utility Services rebranded

Following the sale of its utilities business to Rubicon Partners, an industrial private equity investor, Amey utility Services has been rebranded and registered a new name as Avove Ltd.

Although retaining the same management team and the same structure, Avove will now operate as a separate entity, but will be appointing a new managing director. The sale is in line with Amey’s plan to focus on pure public sector markets, and is seen as a positive step for both Avove and the wider Amey Group.

Craig McGilvray, former managing director of Amey Secure Infrastructure & Utilities, and who is staying with Amey said: “The recent sale provides the new company with the opportunity to focus and concentrate on the future financial and operational performances. I wish them the best of luck for the future.